BCRA Updates Minimum Capital and LCR Rules in January 2019
BCRA updated the minimum capital requirements and liquidity coverage ratio (LCR) rules under the Basel standards for banks. BCRA also published updates related to certain aspects of the information transparency regime.
The key topics updated under the LCR rules cover authorities of financial entities, minimum capital requirements of financial institutions, guidelines for risk management in financial entities, and net stable funding ratio (NSFR). Under the minimum capital requirements rules, the key updates are related to aggregation of data on risks and preparation of reports, credit assistance to non-financial credit providers, authorities of financial institutions, authorization and composition of the capital of financial institutions, and assignment of credit portfolio. With regard to the information regime, the updates are on the following topics:
- Monthly Accounting Information System on minimum capital requirement and integration
- Information Regime for quarterly/annual supervision
- Monthly Accounting Information System on minimum cash and application of resources
- Monthly Accounting Information System on large exposures to credit risk
- Prevention of money laundering, financing of terrorism, and other illicit activities
Related Links (in Spanish)
Keywords: Americas, Argentina, Banking, Capital Requirements, LCR, Disclosures, NSFR, BCRA
Previous Article
CFPB Issues Policy Guidance on Disclosure of Loan-Level HMDA DataRelated Articles
PRA Finalizes Supervisory Approach for Non-Systemic Banks in UK
PRA published the policy statement PS8/21, which contains the final supervisory statement SS3/21 on the PRA approach to supervision of the new and growing non-systemic banks in UK.
EBA Finalizes Standards on Methods of Prudential Consolidation
EBA published a report that sets out the final draft regulatory technical standards specifying the conditions according to which consolidation shall be carried out in line with Article 18 of the Capital Requirements Regulation (CRR).
EBA Updates List of Other Systemically Important Institutions in EU
EBA updated the list of other systemically important institutions (O-SIIs) in EU.
BCBS Report Concludes Basel Risk Categories Can Capture Climate Risks
BCBS published two reports that discuss transmission channels of climate-related risks to the banking system and the measurement methodologies of climate-related financial risks.
UK Authorities Welcome FSB Review of their Remuneration Regime
UK Authorities (FCA and PRA) welcomed the findings of FSB peer review on the implementation of financial sector remuneration reforms in the UK.
PRA and FCA Letter on Addressing Risks from Use of Deposit Aggregators
PRA and FCA jointly issued a letter that highlights risks associated with the increasing volumes of deposits that are placed with banks and building societies via deposit aggregators and how to mitigate these risks.
MFSA to Amend Banking Act and Rules in Coming Months to Transpose CRD5
MFSA announced that amendments to the Banking Act, Subsidiary Legislation, and Banking Rules will be issued in the coming months, to transpose the Capital Requirements Directive (CRD5) into the national regulatory framework.
EC Delegated Regulation on Specialized Lending Exposures Under CRR
EC finalized the Delegated Regulation 2021/598 that supplements the Capital Requirements Regulation (CRR or 575/2013) and lays out the regulatory technical standards for assigning risk-weights to specialized lending exposures.
OSFI Proposes to Enhance Assurance Expectations for Basel Returns
OSFI launched a consultation to explore ways to enhance the OSFI assurance over capital, leverage, and liquidity returns for banks and insurers, given the increasing complexity arising from the evolving regulatory reporting framework due to IFRS 17 (Insurance Contracts) standard and Basel III reforms.
ECB Issues Results of Benchmarking Analysis of Recovery Plans of Banks
ECB published results of the benchmarking analysis of the recovery plan cycle for 2019.
